US Motor Vehicle Manufacturing company Rivian is giving pinkslip to 1 employees across all division due to financial crunch and may undergo reorganization. Rivian laying off around 1% of their work force with various job titles across all department in US with business restructuring to get its business back on track.
Rivian found in 2009 has speciality in Motor Vehicle Manufacturing running by current CEO RJ Scaringe. Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle and pickup truck on a “skateboard” platform that can support future vehicles or be adopted by other companies.
There was no official communication to us from Rivian but you can always refer Rivian internal gossips and layoff news on our Rivian discussion board.
As per company spokeperson to media, This was a difficult decision, but a necessary one to support our goal to be gross margin positive by the end of the year..
Rivian Layoff Details in Brief
| Company | Rivian |
|---|---|
| Location | US |
| employee laid off | more than 100 |
| % Laid off | 1 |
| Division | Across all |
| Date | 19-April |
1 Rivian employees were laid off over the phone call/email without putting them into PIP (performance improvement plan), as per various media houses. This layoffs at Rivian surely have a deep impact on the affected employees across all division. The main concerns about job security and employability, Rivian employee may find themselves struggling with uncertainty and anxiety. However, it is important to note that layoffs are often a reflection of broader market forces rather than individual performance and we layoffnewz team wishes that all laid off employee will get alternative jobs soon.
You can connect with Rivian Official website for more details about this layoff.
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